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What is zero Coupon Bond? Assume the following information for an existing bond for selling. Also assume it is a zero coupon Bond. Par Value
What is zero Coupon Bond? Assume the following information for an existing bond for selling. Also assume it is a zero coupon Bond.
Par Value of the Bond is BDT. 100,000
Maturity period is 4 years
Required rate of return is 12%
At what price you would be willing to buy the bond?
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
15th Edition
978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960
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